BNP Paribas Bank Polska has reached 2,617 settlements with franc borrowers by the end of June this year, the bank said.
As of 30 June 2023, the bank presented individual settlement proposals to 12,120 customers and 3,399 customers accepted the terms of the proposals presented, of which 2,617 settlements were signed, according to the banks quarterly report.
Since December 2021, the bank has been conducting individual negotiations with customers with whom it is in dispute or for whom there is a reasonable risk of entering into a dispute.
Following the CJEU judgment of 15 June 2023 in case C-520/21, the bank has observed slight changes in customer behaviour (inter alia related to some customers withdrawing from the settlement despite having previously accepted the terms of the settlement), which affect the parameters and assumptions made so far, including the propensity of customers to settle, according to the BNP Paribas BP report.
In H1 2023, the bank used PLN 213.8 million of the provision for legal risk of CHF loans in connection with settlements (in 2022, the bank used PLN 150 million of the provision), the report also stated.
BNP Paribas Bank Polska is a member of the leading international banking group BNP Paribas. It is a universal bank listed on the WSE. The bank’s total assets amounted to PLN 151.5 billion at the end of 2022.
Source: BNP Paribas BP and ISBnews
